The Economic Times

Why Tata Motors India PV business may not offset JLRs cyber drag: Jefferies explains

Jefferies highlights significant pressures on Jaguar Land Rover (JLR) following Tata Motors Passenger Vehicles' weak December quarter, with JLR's EBITDA plunging 91% YoY. Despite improved India PV prospects, JLR faces structural challenges, including competition and EV transition, impacting overall profitability and growth.